Eroad accelerates US growth after signing its first major customer there

Mon, 15 Apr 2019

By Jenny Ruth April 16 (BusinessDesk) - Logistics and fleet management technology company Eroad expanded fourth-quarter sales volumes at an accelerated pace and says it expects to continue growing at a similar rate as in the year ended March. Sales rose 6 percent, or by 5,775 units, to 96,390 in the three months ended March. Volume growth was almost evenly split between the Australasian market and North America where unit sales rose 13 percent, or by 2,885 units to 22,059. The latter was up from 5.3 percent, or 1,104 units, which took...

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